Acquisition of International Shipyard Ancona (ISA)

Yachting Investors Group (YIG), a UK Private Equity Firm dedicated to the Yachting Industry, is proud to announce the acquisition of 80% shares of International Shipyard Ancona (ISA) while 20% will remain with the management.

ISA was created in 2001 and has launched 13 yachts in 3 years including such extremely distinctive models as the 2006 Millennium Design awarded ISA 120, the fascinating ISA 133 and the innovating and very elegant 47 meters, which made the yard one of the best-known Yacht-Builders worldwide.

YIG enters into a successful operation led by a professional management team headed by the CEO, Gianluca Fenucci and the Commercial Director, Marcello Maggi.

YIG is looking forward to develop ISA into a leading Yachting Shipyard in the Luxury Megayacht Market with increased Yacht-Building capacity and the largest Mega-Yacht Marina on the Adriatic Sea at its doorsteps.

The existing line of yachts will continue and a range of new models will be launched including a 140' planning yacht for delivery Spring 2009 and a 48 m displacement yacht for delivery Summer 2008.

In cooperation with world wide known Naval Architects and Designers, ISA is developing a series of 48, 50, 56, 62, 66 and 70 meters displacement motor yachts.

ISA confirmed its exclusivity agreement with Rodriguez Group on fiberglass models such as ISA 120’ and the new ISA 140’.